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Expected euro correction to 1.1350

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday’s Trading: The euro on Friday updated the week’s maximum due to demand for the currency in the cross pairs. After the release of strong American labour market data, the buyers’ position began to waver. The euro weakened against the dollar by one figure to 1.1334 on the news and from here it was snapped up. Trades closed slightly up. Job creation in the US during March stood at 215k (forecasted: 205k). January’s figure was reassessed from 172k to 168k and February’s from 242k to 245k.

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